Carbon Accounting Software Market Size, Share & Trends Analysis Report By Deployment (Cloud, On-premises), By Enterprise Size, By End-use, By Region, And Segment Forecasts, 2024 - 2030

Carbon Accounting Software Market Size, Share & Trends Analysis Report By Deployment (Cloud, On-premises), By Enterprise Size, By End-use, By Region, And Segment Forecasts, 2024 - 2030

Carbon Accounting Software Market Trends

The global carbon accounting software market size was estimated at USD 16.92 billion in 2023 and is expected to grow at a CAGR of 22.1% from 2024 to 2030. This is driven by increasing global awareness and regulatory pressure to reduce carbon emissions and address climate change. Organizations across various industries are adopting carbon accounting software to accurately measure, track, and report their carbon footprints. This software facilitates compliance with stringent environmental regulations and supports corporate sustainability initiatives by providing real-time insights into carbon emissions across operations.

The rise in demand for transparency in environmental reporting, coupled with the growing adoption of ESG (Environmental, Social, and Governance) standards, is further propelling market expansion. Additionally, the integration of advanced technologies such as AI, machine learning, and IoT into carbon accounting solutions is enhancing their capabilities, making them more efficient and user-friendly.

The increasing emphasis on corporate sustainability is driving businesses to emphasize their environmental initiatives. Carbon accounting software enables companies to transparently monitor and report their carbon footprint, showcasing their dedication to sustainability and appealing to eco-conscious consumers and investors. The market is also benefiting from the increasing adoption of cloud-based solutions, which offer scalability and ease of access, making carbon accounting more accessible to small and medium-sized enterprises. With the ongoing global shift towards sustainability and the decarbonization of industries, the carbon accounting software market is poised for robust growth in the coming years, playing a crucial role in helping businesses meet their environmental objectives.

Moreover, many governments and regulatory bodies mandate organizations to report their carbon footprint and greenhouse gas (GHG) emissions as part of strict environmental regulations or voluntary initiatives like the Carbon Disclosure Project (CDP) or the Task Force on Climate-related Financial Disclosures (TCFD). Carbon accounting software aids organizations in meeting these regulatory requirements and standards by offering standardized reporting templates and efficient data management tools. These factors are generating significant opportunities for the adoption of carbon accounting software in the market.

Global Carbon Accounting Software Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global carbon accounting software market report based on deployment, enterprise size, end-use, and region:

• Deployment Outlook (Revenue, USD Billion, 2017 - 2030)
• Cloud
• On-premises
• Enterprise Size Outlook (Revenue, USD Billion, 2017 - 2030)
• Large Enterprises
• SMEs
• End-use Outlook (Revenue, USD Billion, 2017 - 2030)
• Energy & Utilities
• IT & Telecom
• Healthcare
• Transportation & Logistics
• Retail
• Construction & Infrastructure
• Food & Beverages
• Chemicals
• Others
• Regional Outlook (Revenue, USD Billion, 2017 - 2030)
• North America
• U.S.
• Canada
• Mexico
• Europe
• UK
• Germany
• France
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• Latin America
• Brazil
• MEA
• UAE
• South Africa
• KSA

Please note The report will be delivered in 4-8 business days upon order notification.